EUI Working Paper: SPSEuropean University Institute, 1996 - Europe |
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Page 14
... fragmentation of the deposit market and the existence of a liquidity guarantee . The First Requisite of Universal Banking : Fragmentation of the 14.
... fragmentation of the deposit market and the existence of a liquidity guarantee . The First Requisite of Universal Banking : Fragmentation of the 14.
Page 18
... fragmentation of the deposit market , where it obtained , not only sanctioned and reinforced the frag- mentation of the financial system between a money center and its periphery , but also of industry at large into two separate ...
... fragmentation of the deposit market , where it obtained , not only sanctioned and reinforced the frag- mentation of the financial system between a money center and its periphery , but also of industry at large into two separate ...
Page 21
... fragmentation of the deposit market . This fragmentation was caused by state protection of nonprofit banking . However , the fragmentation of the capital market does not constitute the whole story . Although conducive to universal ...
... fragmentation of the deposit market . This fragmentation was caused by state protection of nonprofit banking . However , the fragmentation of the capital market does not constitute the whole story . Although conducive to universal ...
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adopt central banking agrarian periphery Arpád SZAKOLCZAI assets Australia Austria Austria-Hungary Banca Commerciale Italiana Banco Bank of England bank's banking structures banking system Banque Belgium Bouvier Britain business cycle Canada capital and reserves capital scarcity central bank Chlepner commercial banks competition corporatism corporatist corporatist regimes countries Crédit Lyonnais Crédit Mobilier Denmark denominator includes deposit banking deposit market depositors Dépôts Development discount Economic History equity equity-liability ratio European University Institute finance fiscal-military model France function Germany Gerschenkron Giandomenico MAJONE GNP per capita Goodhart groups information asymmetry insolvency investment banks Italy joint stock banks last resort lending of last liabilities liquidity guarantee market fragmentation mixed banking moderate corporatism National Monetary Commission Netherlands nonprofit banking nonprofit sector Norway note-issuing monopoly Oxford University Press paper percent pluralist Policy private bankers profit proxy rediscount Reichsbank rents representation savings banks Social Société Générale solvency specialized banking Sweden Teichova territorial Tortella universal banking